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Earnings Per Share and Weighted-Average Shares Outstanding - Calculation of Fully Diluted Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Fully diluted earnings per share:        
Net income available to common stockholders [1] $ 435,178 $ (2,131) $ 466,642 $ 3,604
Allocations of net income to limited partnership interests in Newmark Holdings, net of tax 148,567 0 159,830 0
Net income for fully diluted shares $ 583,745 $ (2,131) $ 626,472 $ 3,604
Weighted-average shares:        
Common stock outstanding (in shares) 185,114 178,523 184,190 178,034
Cantor units (units) 23,679 0 23,704 0
Partnership units (units) 59,443 0 59,632 0
RSUs (Treasury stock method) (units) 4,149 0 3,582 442
Newmark exchange shares ( in shares) 1,170 0 1,195 234
Fully diluted weighted-average shares of common stock outstanding (in shares) 273,555 178,523 272,303 178,710
Fully diluted earnings per share (in usd per share) $ 2.13 $ (0.01) $ 2.30 $ 0.02
[1] Includes a reduction for dividends on preferred stock or EPUs in the amount of $4.6 million and $6.2 million for the three and six months ended June 30, 2021, respectively, and $2.4 million and $4.9 million for the three and six months ended June 30, 2020, respectively. (see Note 1 — “Organization and Basis of Presentation”).